<div class=newsTextDataWrapInner>SINGAPORE (Aug 4): Developer Yanlord Land Group, which has most of its projects in China, is teaming up with sovereign wealth fund GIC to co-invest in residential projects in China.</div>

<div class=newsTextDataWrapInner>Under this so-called cooperation programme, which is held in a 51:49 split between Yanlord and GIC, the two parties will invest up to RMB7 billion (S$1.38 billion) over a seven-year period. They have the option to extend the programme by another two years.</div>

<div class=newsTextDataWrapInner>This isn’t the first time Yanlord and GIC are joining hands. Since 2006, the two parties have co-operated to invest in Nanjing and other key cities in China. 
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“The cooperation programme will further<a href="https://www.theedgesingapore.com/news/property/yanlord-and-gic-co-invest-138-billion-china-residential-projects" target="_blank">...(click on link for full story on theedgesingapore.com)</a></div><div class=inPageAd id=div-gpt-ad-inpage></div>

Developer Yanlord Land Group, which has most of its projects in China, is teaming up with sovereign wealth fund GIC to co-invest in residential projects in China.

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